Archies Limited has informed the Exchange regarding Resignation of Mr. Jagdish Moolchandani as Chief Financial Officer of the company w.e.f. March 28, 2026.
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Mr. Jagdish Moolchandani (DIN: 00016718) has resigned from his roles as Executive Director and Chief Financial Officer of Archies Limited, effective from the close of business hours on March 28, 2026. He cited health issues requiring immediate and sustained attention as the reason for stepping down. He is serving a 30-day notice period, with his last working day being March 28, 2026. The company has confirmed there are no other material reasons for his departure beyond those disclosed in his resignation letter.
The exit of the Executive Director and CFO may create short-term leadership uncertainty at Archies Limited. Investors should watch for the company's announcement on a replacement, as a prolonged vacancy in the CFO role could affect financial reporting continuity.